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South and Central America ECG Telemetry Device Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Resting ECG Devices, Stress ECG Devices, and Others); End User (Home Healthcare, and Hospitals)

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    Report

  • 101 Pages
  • June 2021
  • The Insight Partners
  • ID: 5416271
UP TO OFF until Jun 30th 2023
Resting ECG Devices Segment has the Largest Share of Product in the South and Central America ECG Telemetry Device Market during 2021-2028

According to a new market research study on “South and Central America ECG Telemetry Device Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Product, and End-user,” is expected to reach US$ 132.4 million by 2028 from US$ 95.6 million in 2021. The market is estimated to grow at a CAGR of 4.8% from 2021 to 2028. The report provides trends prevailing in the South and Central America ECG telemetry device market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the increase in cardiovascular disease incidence and a surge in geriatric population are the key factors driving the market growth. However, the market is expected experiencing slow growth during the forecast period owing to the high cost and disadvantages of ECG telemetry devices.

The ECG telemetry devices market in the South and Central America includes the Brazil, Argentina, and other South American countries. Considerable number of countries in South America have very underdeveloped healthcare infrastructure. In addition, the availability of ECG telemetry in the region is also significantly lower. For instance, Peru, has less than 1000 intensive care unit beds for its 32 million inhabitants. Furthermore, supply chain disruption caused due to congestion of ports and disturbances in other transport means had substantial impact on the distribution of ECG telemetry and other associated devices in the region. All these factors considerably deterred the growth of South and Central America ECG telemetry devices market due to the Covid-19 pandemic.

The market for ECG telemetry device market is segmented into product, and End-user. Based on product, the ECG telemetry devices market is segmented into resting ECG devices, stress ECG devices, and others. In 2020, the resting ECG devices by product segment accounted for the highest share of the market and is expected to grow faster during the forecast period. Growth of this segment is attributed as it helps to measures the electrical activity of the heart with no extra preparation required, and it takes about 5 minutes to perform. These tests offers benefits such as it is most simple, quick, and painless, and they can also help to detect heart conditions such as hypertrophy of the heart, myocardial infarction, ischemia, sequelae of myocardial infarction, cardiac arrhythmias, and among others. Additionally, resting ECG is also used as secure and connected workflows to provide accurate solutions that help to reduce complexity and shorten the path to diagnosis.

Cardiac Science Corporation, GE Healthcare Inc. Medtronic Inc. Mindray Medical International Ltd. Nihon Kohden Corporation, Philips Healthcare, Dragger, and Welch Allyn Inc are among the leading companies in the South and Central America ECG telemetry device market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in February 2020, Royal Philips a global leader in health technology, has acquired BioTelemetry, Inc the acquisition of BioTelemetry is a strong fit with Philips’ cardiac care portfolio, and its strategy to transform the delivery of care along the health continuum with integrated solutions.

The report segments the South and Central America ECG Telemetry Device market as follows:


By Product

  • Resting ECG Devices
  • Stress ECG Devices
  • Others

By End-user

  • Home Healthcare
  • Hospitals

By Country

  • South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America

Reasons to buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South and Central America ECG telemetry device market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the South and Central America ECG telemetry device market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth South and Central America market trends and outlook coupled with the factors driving the ECG telemetry device market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Frequently Asked Questions about the South and Central American ECG Telemetry Device Market

What is the estimated value of the South and Central American ECG Telemetry Device Market?

The South and Central American ECG Telemetry Device Market was estimated to be valued at $95.6 Million in 2021.

What is the growth rate of the South and Central American ECG Telemetry Device Market?

The growth rate of the South and Central American ECG Telemetry Device Market is 4.8%, with an estimated value of $132.4 Million by 2028.

What is the forecasted size of the South and Central American ECG Telemetry Device Market?

The South and Central American ECG Telemetry Device Market is estimated to be worth $132.4 Million by 2028.

Who are the key companies in the South and Central American ECG Telemetry Device Market?

Key companies in the South and Central American ECG Telemetry Device Market include Cardiac Science Corporation, GE Healthcare Inc., Medtronic Inc., Mindray Medical International Ltd., Nihon Kohden Corporation, Philips Healthcare, Dragger and Welch Allyn Inc.

Table of Contents

1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 ECG Telemetry Device Market - By Product
1.3.2 ECG Telemetry Device Market - By End User
1.3.3 South and Central America ECG Telemetry Device Market - By Country
2. South and Central America ECG Telemetry Device Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South and Central America ECG Telemetry Device Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 ECG Telemetry Device Market - South and Central America PEST Analysis
4.3 Expert Opinion
5. South and Central America ECG Telemetry Device Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Cardiovascular Disease Incidence
5.1.2 Surge in Geriatric Population
5.2 Market Restraints
5.2.1 High Cost and Technical Inconsistencies
5.3 Market Opportunities
5.3.1 Growth Opportunities in Developing Nations
5.4 Future Trends
5.4.1 Market Consolidation Through Product Enhancements and Acquisitions
5.5 Impact Analysis
6. ECG Telemetry Device Market - South and Central America Analysis
6.1 South and Central America ECG Telemetry Device Market Revenue Forecasts and Analysis
7. South and Central America ECG Telemetry Device Market Analysis and Forecasts To 2028 - By Product
7.1 Overview
7.2 ECG Telemetry Devices Market Revenue Share, by Product (2020 and 2028)
7.3 Resting ECG Devices
7.3.1 Overview
7.3.2 Resting ECG Devices: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Stress ECG Devices
7.4.1 Overview
7.4.2 Stress ECG Devices: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)
8. South and Central America ECG Telemetry Device Market Analysis and Forecasts to 2028 - By End User
8.1 Overview
8.2 ECG Telemetry Devices Market Revenue Share, by End User (2020 and 2028)
8.3 Home Healthcare
8.3.1 Overview
8.3.2 Home Healthcare: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Hospitals
8.4.1 Overview
8.4.2 Hospitals: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)
9. ECG Telemetry Device Market Revenue and Forecasts to 2028 - Geographical Analysis
9.1 South and Central America: ECG Telemetry Devices Market Revenue and Forecast to 2028
9.1.1 Overview
9.1.2 South and Central America: ECG Telemetry Devices Market, by Country, 2020 & 2028 (%)
9.1.3 Brazil: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.3.1 Brazil: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.3.2 Brazil: ECG Telemetry Devices Market, by Product, 2019-2028 (USD Million)
9.1.3.3 Brazil: ECG Telemetry Devices Market, by End User, 2019-2028 (USD Million)
9.1.4 Argentina: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.4.1 Argentina: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.4.2 Argentina: ECG Telemetry Devices Market, by Product, 2019-2028 (USD Million)
9.1.4.3 Argentina: ECG Telemetry Devices Market, by End User, 2019-2028 (USD Million)
9.1.5 Rest of South and Central America: ECG Telemetry Devices Market - Revenue and Forecasts to 2027 (USD Million)
9.1.5.1 Rest of South and Central America: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.5.2 Rest of South and Central America: ECG Telemetry Devices Market, by Product, 2019-2028 (USD Million)
9.1.5.3 Rest of South and Central America: ECG Telemetry Devices Market, by End User, 2019-2028 (USD Million)
10. Impact Of COVID-19 Pandemic on South and Central America ECG Telemetry Device Market
10.1 South and Central America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Growth Strategies Done by the Companies in the Market, (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. COMPANY PROFILES
12.1 General Electric Company
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Medtronic
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Nihon Kohden Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Koninklijke Philips N.V.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Dragerwerk AG & Co. KGaA
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Welch Allyn, Inc. (Hill Rom)
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Asahi Kasei Corporation (Cardiac Science Corporation)
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About
13.2 Glossary of Terms
List of Tables
Table 1. Brazil ECG Telemetry Devices Market, by Product - Revenue and Forecast to 2028 (USD Million)
Table 2. Brazil ECG Telemetry Devices Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 3. Argentina ECG Telemetry Devices Market, by Product - Revenue and Forecast to 2028 (USD Million)
Table 4. Argentina ECG Telemetry Devices Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 5. Rest of South and Central America ECG Telemetry Devices Market, by Product - Revenue and Forecast to 2028 (USD Million)
Table 6. Rest of South and Central America ECG Telemetry Devices Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 7. Organic Developments Done by Companies
Table 8. Inorganic Developments Done by Companies
Table 9. Glossary of Terms, ECG Telemetry Device Market
List of Figures
Figure 1. ECG Telemetry Device Market Segmentation
Figure 2. South and Central America ECG Telemetry Device Market Overview
Figure 3. Resting ECG Devices Segment Held Largest Share of Product in ECG Telemetry Device Market
Figure 4. Brazil is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. ECG Telemetry Device Market - South and Central America PEST Analysis
Figure 6. ECG Telemetry Device Market Impact Analysis of Driver and Restraints
Figure 7. South and Central America ECG Telemetry Device Market - Revenue Forecasts and Analysis - 2020 - 2028
Figure 8. ECG Telemetry Devices Market Revenue Share, by Product (2020 and 2028)
Figure 9. Resting ECG Devices: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 10. Stress ECG Devices: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. Others: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. ECG Telemetry Devices Market Revenue Share, by End User (2020 and 2028)
Figure 13. Home Healthcare: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. Hospitals: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. South and Central America: ECG Telemetry Devices Market, by Key Country - Revenue (2020) (USD Million)
Figure 16. South and Central America: ECG Telemetry Devices Market, by Country, 2020 & 2028 (%)
Figure 17. Brazil: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
Figure 18. Argentina: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
Figure 19. Rest of South and Central America: ECG Telemetry Devices Market - Revenue and Forecast to 2028 (USD Million)
Figure 20. Impact of COVID-19 Pandemic in South and Central America Country Markets
Figure 21. Growth Strategies Done by the Companies in the Market, (%)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Cardiac Science Corporation
  • GE Healthcare Inc.
  • Medtronic Inc.
  • Mindray Medical International Ltd.
  • Nihon Kohden Corporation
  • Philips Healthcare
  • Dragger
  • Welch Allyn Inc